CMS Energy reports 2022 adjusted EPS $2.89, raises 2023 guidance to $3.06-$3.12, increases dividend 11¢

CONSUMERS ENERGY CO

2022 GAAP EPS $2.85 vs $4.66 in 2021; adjusted EPS $2.89 vs $2.65.
2023 adjusted EPS guidance raised to $3.06-$3.12 from $3.05-$3.11.
Annual dividend increased to $1.95 per share, up $0.11 from prior year.
Long-term adjusted EPS growth reaffirmed at 6%-8% annually.
2022 results at high end of guidance; $58M cost savings from CE Way.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CONSUMERS ENERGY CO reported 2022 results: EPS $2.85 per share for 2022, compared to $4.66 per share for 2021. Guidance raised.

Period: 2022
EPS: $2.85 per share for 2022, compared to $4.66 per share for 2021
Guidance: raised
Result: reported results

Exact text from the filing

CMS Energy announced today reported earnings per share of $2.85 for 2022, compared to $4.66 per share for 2021.

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Source: SEC EDGAR

accession 0001104659-23-009563

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